Ever since announcing an upcoming migration to proof of stake, Zcash has been seeing marvelous gains. The live Zcash price today is $254.68 with a 24-hour trading volume of $1.38 billion. Zcash is up 27% in the last 24 hours. Do you want to know where to buy ZEC? Read on to find out.
Top places to buy ZEC now
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What is ZEC?
Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Should I buy ZEC today?
Originally a Bitcoin fork, Zcash’s move from proof-of-work to proof-of-stake is aimed at reducing downward pressure on ZEC’s market price. Presumably, this will result in an increase of its value.
ZEC price prediction
According to Crypto News Z’s one-year Zcash forecast, the token might reach $280 by the end of this year. They predict it will trade around $340 on average by the end of 2022. Next year, it could reach $360. They forecast a bottom price of around $300, which is still an increase from now. They believe Zcash might continue to grow in 2023. By the end of the year, it could hit $400.
ZEC on social media
now break .0046 ty pic.twitter.com/lY3RnLeFsU
— zkashmoney(🛡,🛡) (@gogetitman28) November 13, 2021